Insider Selling: Kontoor Brands (NYSE:KTB) CFO Sells $719,114.24 in Stock

Posted by Stanley Muller on Nov 10th, 2026

Kontoor Brands, Inc. (NYSE:KTB – Get Free Report) CFO Joseph Alkire sold 9,472 shares of Kontoor Brands stock in a transaction on Friday, November 6th. The stock was sold at an average price of $75.92, for a total value of $719,114.24. Following the sale, the chief financial officer directly owned 44,803 shares of the company’s stock, valued at approximately $3,401,443.76. This trade represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Kontoor Brands Trading Up 1.1%

NYSE KTB traded up $0.94 on Tuesday, reaching $82.92. The company had a trading volume of 966,391 shares, compared to its average volume of 805,577. The stock’s 50 day moving average is $70.59 and its 200-day moving average is $73.06. The stock has a market cap of $4.53 billion, a price-to-earnings ratio of 23.10 and a beta of 0.85. The company has a quick ratio of 0.99, a current ratio of 1.83 and a debt-to-equity ratio of 1.82. Kontoor Brands, Inc. has a 52 week low of $56.19 and a 52 week high of $88.96.

Kontoor Brands (NYSE:KTB – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.16. Kontoor Brands had a return on equity of 59.71% and a net margin of 8.21%. The firm had revenue of $685.35 million for the quarter, compared to analyst estimates of $694.18 million. During the same quarter in the prior year, the firm posted $1.44 earnings per share. The company’s quarterly revenue was down 19.7% on a year-over-year basis. Equities analysts predict that Kontoor Brands, Inc. will post 5.41 earnings per share for the current year.

Kontoor Brands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Stockholders of record on Tuesday, December 8th will be paid a $0.54 dividend. This is a boost from Kontoor Brands’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, December 8th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.6%. Kontoor Brands’s dividend payout ratio (DPR) is currently 59.05%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on KTB shares. Weiss Ratings lowered shares of Kontoor Brands from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Barclays boosted their price objective on shares of Kontoor Brands from $96.00 to $99.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. lifted their price target on shares of Kontoor Brands from $90.00 to $105.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Wells Fargo & Company boosted their price target on shares of Kontoor Brands from $100.00 to $110.00 and gave the company an “overweight” rating in a report on Wednesday, August 12th. Finally, Needham & Company LLC began coverage on shares of Kontoor Brands in a research report on Friday, October 16th. They issued a “hold” rating for the company. Seven equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Kontoor Brands presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.33.

Read Our Latest Analysis on Kontoor Brands

Institutional Trading of Kontoor Brands

Large investors have recently bought and sold shares of the business. Global Retirement Partners LLC acquired a new stake in Kontoor Brands during the 2nd quarter worth approximately $26,000. Eurizon Capital SGR S.p.A. bought a new position in Kontoor Brands in the third quarter valued at approximately $28,000. Bell Investment Advisors Inc bought a new position in Kontoor Brands in the second quarter valued at approximately $42,000. Harbor Investment Advisory LLC acquired a new position in shares of Kontoor Brands in the second quarter valued at approximately $61,000. Finally, Covestor Ltd boosted its holdings in shares of Kontoor Brands by 21.5% in the third quarter. Covestor Ltd now owns 943 shares of the company’s stock valued at $59,000 after buying an additional 167 shares during the period. 93.06% of the stock is owned by institutional investors.

Kontoor Brands Company Profile

(Get Free Report)

Kontoor Brands is an apparel company focused on denim and casual clothing. Its portfolio includes Wrangler and Lee, brands known for jeans and other everyday apparel, as well as Rock & Republic. The company sells products such as jeans, shirts, jackets, shorts and related apparel through wholesale partners and direct-to-consumer channels, including its own retail stores and e-commerce operations. Kontoor Brands serves customers in markets around the world. It became an independent public company in 2019 after being spun off from VF Corporation.